Settings8H · net · $10k
Funding arb · Price arb /

ARX

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h −0.110%
Price spread now: Bybit against Aster−0.097%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$460as in the Price arb table
costs, in and out, $10k−$4494.491% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.568%−$57 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.097%, 7d avg +0.010%
Together, before fees−0.628%+ Points / potential airdropAster: Stage 5 · farm board−$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.107% cheaper against Aster than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.010%). If the spread goes back, that is −$11 on $10k: about 8.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 5 days funding on this pair cost −0.568%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARXUSDT0.20020.0475pay 0.0237% / 4h16m 14s$84K$94K10x
ShortBybit ARXUSDT0.20000.0519get 0.0259% / 4h16m 14s$4.0M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$9.22
Price spread: −0.097% → +0.010%
−$10.71
Slippage, 4 orders
−$430.14
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$450.63
Costs to cover
4.491%
Break-even
349.0 days
Slippage from Aster: live order book, 59 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 59 min ago14.85 bp81.0 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago7.48 bp127.8 bp −$128959.2 bp −$9,592doesn't fitdoesn't fit

ARX on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARXUSDTM+0.0100%4h0.2000−0.112%$694K$718K20xas long as short
Gate ARX_USDT+0.0156%4h0.2009+0.353%$1.0M$419K20xas long as short
MEXC ARX_USDT+0.0308%4h0.1996−0.297%$852K$405K20xas long as short
Binance ARXUSDT+0.0308%4h0.1998−0.197%$5.4M$11.1M20xas long as short
BloFin ARX-USDT+0.0333%4h0.2008+0.303%$236K$51K20xas long as short
OKX ARX-USDT-SWAP+0.0334%4h0.1997−0.247%$720K$3.0M20xas long as short
Bitget ARXUSDT+0.0370%4h0.1999−0.157%$1.9M$1.7M20xas long as short
Aster ARXUSDTlong+0.0475%4h0.2002long leg$84K$94K10x
BingX ARX-USDT+0.0498%4h0.1997−0.247%$1.7Mas long as short
Bybit ARXUSDTshort+0.0519%4h0.2000−0.097%$4.0M$2.3M20x